Bank of America Corp DE Has $37.01 Million Stake in BankUnited, Inc. $BKU

Key Points

• Bank of America increased its BankUnited stake by 9% in the first quarter, owning 819,548 shares worth approximately $37.0 million. Institutional investors collectively hold about 99.7% of BankUnited’s outstanding stock.
• BankUnited’s latest quarterly results fell slightly short of expectations, with EPS of $0.97 versus the $1.00 consensus and revenue of $284.57 million versus $290.33 million expected. Revenue nevertheless increased 3.9% year over year.
• The company maintains a quarterly dividend of $0.33 per share, equivalent to a 2.7% yield, while analysts have a consensus “Hold” rating and a $51.64 price target. Insiders sold a combined 8,000 shares during the last quarter.

Bank of America Corp DE raised its position in shares of BankUnited, Inc. (NYSE:BKU - Free Report) by 9.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 819,548 shares of the financial services provider's stock after acquiring an additional 67,981 shares during the quarter. Bank of America Corp DE owned about 1.13% of BankUnited worth $37,011,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Strs Ohio acquired a new stake in BankUnited during the first quarter worth approximately $28,000. Eurizon Capital SGR S.p.A. bought a new stake in BankUnited in the 4th quarter valued at about $30,000. Kestra Advisory Services LLC acquired a new position in BankUnited during the 4th quarter worth approximately $35,000. Quarry LP raised its stake in BankUnited by 158.2% during the 3rd quarter. Quarry LP now owns 940 shares of the financial services provider's stock worth $36,000 after buying an additional 576 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in BankUnited by 141.9% in the second quarter. EverSource Wealth Advisors LLC now owns 1,531 shares of the financial services provider's stock worth $54,000 after acquiring an additional 898 shares in the last quarter. Institutional investors own 99.70% of the company's stock.

BankUnited Stock Performance

NYSE:BKU opened at $48.29 on Friday. The stock has a market cap of $3.44 billion, a P/E ratio of 13.23 and a beta of 1.18. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.54. The business's 50-day moving average price is $47.85 and its two-hundred day moving average price is $47.09. BankUnited, Inc. has a twelve month low of $35.10 and a twelve month high of $52.11.

BankUnited (NYSE:BKU - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.97 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.03). The business had revenue of $284.57 million for the quarter, compared to analysts' expectations of $290.33 million. BankUnited had a return on equity of 9.13% and a net margin of 14.76%.The firm's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.91 EPS. As a group, equities analysts predict that BankUnited, Inc. will post 4.01 EPS for the current fiscal year.

BankUnited Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 10th were given a dividend of $0.33 per share. The ex-dividend date was Friday, July 10th. This represents a $1.32 annualized dividend and a yield of 2.7%. BankUnited's payout ratio is presently 36.16%.

More BankUnited News

Here are the key news stories impacting BankUnited this week:

• Positive Sentiment: Zacks raised its Q2 2028 EPS forecast to $1.38 from $1.36. Although the increase was limited, it indicates that analysts still see potential for earnings growth beyond the current year.
• Positive Sentiment: BankUnited continues to pay a quarterly dividend of $0.33 per share, or $1.32 annually, representing a yield of approximately 2.8%. The payout ratio of 36.16% suggests the dividend remains reasonably supported by earnings.
• Neutral Sentiment: Zacks maintained a “Hold” rating. Its revised projections call for $4.53 in FY2027 EPS and $5.33 in FY2028 EPS, above the current-year consensus estimate of $4.09, but the forecasts were lowered from $4.68 and $5.69, respectively.
• Neutral Sentiment: Institutional investors own approximately 99.7% of BankUnited’s shares. Recent purchases by several investment firms may provide a degree of support, although such ownership can also contribute to volatility if institutions adjust their positions.
• Negative Sentiment: Zacks cut its FY2026 EPS estimate to $4.02 from $4.28, below the $4.09 consensus. The firm also reduced forecasts for Q3 2026 EPS to $1.07 from $1.15 and Q4 2026 EPS to $1.17 from $1.30, signaling weaker near-term earnings expectations.
• Negative Sentiment: Additional cuts affected Q1–Q4 2027 and Q1 2028 estimates, reinforcing concerns that profitability may be softer across multiple periods. The revisions follow BankUnited’s latest quarterly report, which showed EPS of $0.97 and revenue of $284.57 million, both slightly below analyst expectations.
• Negative Sentiment: Director Douglas J. Pauls sold 3,000 shares for approximately $143,700 at an average price of $47.90, reducing his direct stake by 6.6%. The sale is relatively small but may create modest investor caution. SEC Form 4 filing

Insiders Place Their Bets

In other news, insider Jay D. Richards sold 4,000 shares of the firm's stock in a transaction on Monday, June 15th. The shares were sold at an average price of $48.67, for a total transaction of $194,680.00. Following the sale, the insider owned 40,502 shares in the company, valued at approximately $1,971,232.34. This trade represents a 8.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Douglas J. Pauls sold 3,000 shares of BankUnited stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $47.90, for a total transaction of $143,700.00. Following the sale, the director directly owned 42,472 shares of the company's stock, valued at $2,034,408.80. This represents a 6.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,000 shares of company stock valued at $384,350 in the last quarter. Corporate insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on BKU shares. Zacks Research lowered shares of BankUnited from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 21st. Hovde Group decreased their target price on shares of BankUnited from $55.00 to $53.00 and set an "outperform" rating for the company in a research report on Monday, July 27th. Royal Bank Of Canada lowered their target price on shares of BankUnited from $53.00 to $50.00 and set a "sector perform" rating on the stock in a report on Thursday, July 23rd. Barclays dropped their price target on shares of BankUnited from $50.00 to $48.00 and set an "equal weight" rating on the stock in a research report on Monday, August 3rd. Finally, Citigroup decreased their price objective on BankUnited from $45.00 to $42.00 and set a "sell" rating for the company in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, BankUnited currently has a consensus rating of "Hold" and a consensus price target of $51.64.

BankUnited Company Profile

BankUnited, Inc is a bank holding company based in Miami Lakes, Florida, operating through its subsidiary BankUnited, National Association. The company provides a broad range of commercial banking products and services, including deposit accounts, commercial lending and treasury management. It serves middle-market and small-business clients, offering tailored financing solutions across a variety of industry sectors.

The bank's lending portfolio includes commercial and industrial loans, commercial real estate loans and construction financing, as well as residential mortgage lending.

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